- Automated material handling equipment (AMHE) plays a crucial role in enhancing productivity, reducing labor costs, and improving safety across industries such as manufacturing, logistics, automotive, and e-commerce
- The demand for AMHE is significantly driven by the surge in e-commerce, need for efficient warehousing solutions, and increasing adoption of Industry 4.0 technologies
- Asia-Pacific is expected to dominate the automated material handling equipment market with largest market share of 39.4%, due to surging demand for cranes and hoists in the mining sector. This demand is further fueled by increased industrialization activities within the region, particularly in mining and construction industries
- North America is expected to be the fastest growing region in the automated material handling equipment market during the forecast period due to technological innovation, which is driving the development of new and more advanced automated material handling (AMH) equipment
- Robots segment is expected to dominate the market with largest market share of 22.01% due to the increasing demand for flexible, precise, and efficient handling solutions across various industries. Robots offer significant advantages in terms of speed, accuracy, and ability to operate continuously with minimal human intervention, making them ideal for applications in automotive, electronics, food and beverage, and e-commerce sectors
